Osyka Corporation sells all of its interests in a gathering system to Legado Resources, LLC
Clients Osyka Corporation
Jones Day advised Osyka Corporation ("Osyka") in the sale by Osyka of all of its interests in a gathering system servicing the Holiday Field located in Adams County, MS, to Legado Resources, LLC ("Legado"). The gathering system consists of a 6-mile natural gas pipeline and associated gas gathering equipment. The sale was made as a follow-on conveyance in connection with the sale of substantially all of Osyka's oil and gas assets to Legado on August 28, 2008 as part of Osyka's exit from Chapter 11 protection.